BRUSSELS, Belgium--WSBI, the World Savings Banks Institute, with funding from the Bill & Melinda Gates Foundation will assist about ten of its members to develop projects to increase affordable, accessible, and sustainable savings services for poor people. The ultimate objective of this program is to double the number of savings accounts for poor people worldwide. Access to savings will give poor people the tools that they need to manage their unpredictable financial lives, build assets, and seize opportunities.

DAR ES SALAAM, Tanzania--Vodacom Tanzania is to receive a 4.8 million US dollars grant from the Bill & Melinda Gates Foundation to augment financial inclusion in Tanzania through increased usage of its mobile money service, Vodafone M-PESA.